Segment Information

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

TriMas groups its operating segments into reportable segments that provide similar products and services. Each operating segment has discrete financial information evaluated regularly by the Company's chief operating decision maker in determining resource allocation and assessing performance. Within these reportable segments, there are no individual products or product families for which reported net sales accounted for more than 10% of the Company's consolidated net sales. See below for more information regarding the types of products and services provided within each reportable segment:

Packaging – Highly engineered closure and dispensing systems for a range of end markets, using steel and plastic industrial and consumer packaging applications.

Aerospace – Permanent blind bolts, temporary fasteners, highly engineered specialty fasteners and other precision machined parts used in the commercial, business and military aerospace industries.

Energy – Metallic and non-metallic industrial sealant products and fasteners for the petroleum refining, petrochemical and other industrial markets.

Engineered Components – High-pressure and low-pressure cylinders for the transportation, storage and dispensing of compressed gases, and natural gas engines, compressors, gas production equipment and chemical pumps engineered for use at well sites for the oil and gas industry.

Segment activity is as follows:

	Three months ended June 30,						Six months ended June 30,
	2015			2014			2015			2014
	(dollars in thousands)
Net Sales
Packaging	$	89,580		$	86,250		$	168,540		$	167,680
Aerospace	43,220			31,820			88,960			59,010
Energy	50,150			52,320			101,310			105,100
Engineered Components	41,950			54,320			90,220			109,750
Total	$	224,900		$	224,710		$	449,030		$	441,540
Operating Profit (Loss)
Packaging	$	20,710		$	20,540		$	38,220		$	38,900
Aerospace	7,220			5,660			15,300			10,520
Energy	(7,170		)	(630		)	(6,830		)	1,970
Engineered Components	6,220			8,950			12,190			16,830
Corporate expenses	(7,770		)	(9,150		)	(16,650		)	(18,740		)
Total	$	19,210		$	25,370		$	42,230		$	49,480

On June 30, 2015, the Company completed the previously announced spin-off of its Cequent businesses. The results of operations of the former Cequent APEA and Cequent Americas segments are reflected as discontinued operations for all periods presented through the date of the spin-off. The Company's revenues by continent of domicile, as disclosed on the Company's Form 10-K for the year ended December 31, 2014, are not significantly different due to the spin-off, except in Australia, where almost all of the Company's pre-spin-off revenues were generated by the Cequent APEA reportable segment. See Note 3, "Discontinued Operations," for further details regarding the spin-off.